Transactional Banking
Client solutions
Transactional Banking
Transaction Banking UK provides local servicing of ABN AMRO Group linked clients, including NL-based Corporate and Commercial Banking clients as well as clients of Asset Based Finance, Clearing and CIB in the UK.
Our key product offering is cash management, which includes access to GBP clearing and Faster Payments, CHAPS, BACS (through HSBC), current accounts across multiple currencies, cash pooling and target balancing arrangement, credit cards and foreign exchange services. In addition, for key clients the desk also offers lending facilities including overdrafts, term loans and trade finance products.
Product Offering
Full portfolio of basic Cash Management solutions
Currency accounts (GBP, Euro, USD, etc)
Reporting (paper or via SWIFT)
Electronic Banking (e.g. Access Online and BACSTEL-IP)
Clearing partnership with HSBC (BACS & CHAPS and for cash & cheques)
Local and cross-border Cash Pooling structures including target balancing
Fixed Term Deposits
Foreign Exchange including Spot and STP FX
Lending facilities including Term Loans and Overdrafts
Trade Finance including Guarantees, LCs & Collections
Service offering
Local client support unit; experienced and knowledgeable professionals
Single point of contact during implementation (Account opening & compliance)
Dutch speaking staff available
Competitive pricing
ABN AMRO Bank N.V. is authorised by the European Central Bank, and regulated by the European Central Bank, the Dutch Central Bank (De Nederlandsche Bank N.V.) and the Authority for Financial Markets (Autoriteit Financiële Markten) in the Netherlands.
ABN AMRO Bank N.V., UK Branch is authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the extent of our regulation by the Prudential Regulation Authority are available from us on request
Registered Office at Companies House, Cardiff, no. BR014612. VAT no. 927451807.